Common use of Ownership of Pledged Collateral Clause in Contracts

Ownership of Pledged Collateral. Except as otherwise permitted by the Loan Agreement, such Pledgor at all times will be the sole beneficial owner of the Pledged Collateral pledged by it.

Appears in 2 contracts

Sources: Pledge Agreement (Patterson Uti Energy Inc), Pledge Agreement (Patterson Uti Energy Inc)

Ownership of Pledged Collateral. Except as otherwise permitted by the Loan Credit Agreement, such Pledgor at all times will be the sole beneficial owner of the Pledged Collateral pledged by itCollateral.

Appears in 2 contracts

Sources: Credit Agreement (Carson Inc), Credit Agreement (Carson Inc)

Ownership of Pledged Collateral. Except as otherwise permitted by the Loan AgreementIndenture, such Pledgor at all times will be the sole beneficial owner of the Pledged Collateral pledged by itCollateral.

Appears in 2 contracts

Sources: Securities Pledge Agreement (Seven Seas Steamship Co Nv), Securities Pledge Agreement (Seven Seas Steamship Co Nv)

Ownership of Pledged Collateral. Except as otherwise permitted by the Loan Credit Agreement, such the Pledgor at all times will be the sole beneficial owner of the Pledged Collateral pledged by itit pursuant to this Agreement.

Appears in 1 contract

Sources: Credit Agreement (American Telecasting Inc/De/)

Ownership of Pledged Collateral. Except as otherwise permitted by the Loan Credit Agreement, such Pledgor at all times will be the sole beneficial owner of the Pledged Collateral pledged by it.

Appears in 1 contract

Sources: Senior Secured Reducing Revolving Credit Agreement (Di Industries Inc)

Ownership of Pledged Collateral. Except as otherwise permitted by ------------------------------- the Loan Credit Agreement, such Pledgor at all times will be the sole beneficial owner of the Pledged Collateral pledged by itCollateral.

Appears in 1 contract

Sources: Securities Pledge Agreement (Carson Products Co)

Ownership of Pledged Collateral. Except as otherwise permitted ------------------------------- by the Loan Credit Agreement, such Pledgor at all times will be the sole beneficial owner of the Pledged Collateral pledged by itCollateral.

Appears in 1 contract

Sources: Securities Pledge Agreement (Carson Products Co)

Ownership of Pledged Collateral. Except as otherwise permitted by the Loan AgreementIndenture, such each Pledgor at all times will be the sole beneficial owner of the Pledged Collateral pledged by itCollateral.

Appears in 1 contract

Sources: Securities Pledge and Security Agreement (Seven Seas Steamship Co Nv)